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BP ex-CEO in talks on Abu Dhabi oil firm: report


BP chief executive Tony Hayward poses for the media outside BP's headquarters in London July 27, 2010. REUTERS/Toby Melville
BP chief executive Tony Hayward poses for the media outside BP's headquarters in London July 27, 2010. REUTERS/Toby Melville

LONDON (Reuters) - Former BP boss Tony Hayward has been approached to launch a new Abu Dhabi-backed oil firm less than six months after he quit in the wake of the Gulf of Mexico oil spill, the Sunday Times reported.

The new oil firm would have several billion dollars in funding from Abu Dhabi's sovereign wealth fund, the paper said, adding that the plan was still in its early stages and was one of several Hayward is considering.

Hayward could not be reached.

Hayward stepped down as BP chief executive in September amid criticism in the United States of his handling of the oil spill, which began with a deep-sea rig explosion that killed 11 workers.

He was reported last month to be in talks about joining the board of commodities group Glencore.

(Reporting by Myles Neligan)

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